Hi Anatol,
Depends on where the price is at before the news, as everybody knows MEO runs on any positive sentiment.
Price wise if it's Petrobas, etc? I've got no idea, Jurgman would have to go into a TH, the Dow could shit itself the day the news is released for all i know!!
Open up twenty percent, run a further forty or fifty same day, news gets around next day for further gains, who knows the price could triple?
All i know from past experience with MEO is that it will get powerdumped at some stage when everything is looking rosey, which is why i am inclined to wait to see who the farmin partner is.
Bottom line is Losty doesn't trust MEO management, it has been a pump and dump vehicle for the big boys for a few years now, and i can't see things changing overnight.
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